Federal Court Orders Papaya Gaming to Pay $719 Million to Skillz Platform Inc., a FIRY (NYSE: FIRY) Company, Disgorging Its Unjust Profits From False Advertising
A federal court ordered Papaya Gaming to pay FIRY's subsidiary Skillz $719 million in disgorgement, a 71% increase over the prior jury award. The court rejected all post-trial challenges, confirming that Papaya used bots to claim nearly $4.7 billion in advertised prizes.
Key figures
- Attorney fees
- 10000000
- Increase amount
- 300000000
- Judgment amount
- 719000000
- Prior jury award
- 420000000
AI analysis
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